Hi there ;
to those of u who are familiar with Wyckoff, as i have just recently started getting into this type of analysis , maybe we can make some sense out of this market moves .
- it seems like phase A has been successfully accumulated supply and the diminished volume in mark-downs , make it seem promising .
- as now we enter phase B , we will attempt a rally up into 26300 key zone . then we'll see what's what in later idea updates that i'll provide .
Keep in touch !
to those of u who are familiar with Wyckoff, as i have just recently started getting into this type of analysis , maybe we can make some sense out of this market moves .
- it seems like phase A has been successfully accumulated supply and the diminished volume in mark-downs , make it seem promising .
- as now we enter phase B , we will attempt a rally up into 26300 key zone . then we'll see what's what in later idea updates that i'll provide .
Keep in touch !
Note
first objective reached , now taking a short on 26100 mark is my next trade, keep in touch !
Note
ST in phase B is happening , we might see some really crazy bearish volumes here ,but i believe it will go higherNote
so now i expect a 8-10 day of consolidation between the yellow lines , the volume will be diminished , but there will still be good scalping opportunities !!Order cancelled
alright things have changed with FTX selling its assets, now any mark up is a good selling opportunity and i don't recon any phase C, D and E to come .Note
putting a sell limit at 26400 makes sense
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.